Secondary

Gleacher & Co. has found a buyer for the ClearPoint wholesale mortgage production business it put on the block last November. The unit is being acquired by Homeward Residential Inc., a subsidiary of Ocwen Financial Corp. Terms of the deal were not disclosed.

Interactive Mortgage Analytics hired Greg Beers as a senior vice president.

U.S. consumers and advocates generally grew fonder of fixed-rate mortgages while criticizing securitization in the wake of the downturn.

Stonegate Mortgage Corp. hired another former GMAC-RFC executive, Stephen Pawlyshyn, as vice president of nonagency trading.

Fannie Mae has priced a $6 billion new issue of three-year Benchmark Notes due March 30, 2016.

Armour Residential REIT Inc. priced a public offering of 65 million shares of common stock.

St. Petersburg has failed to break a long stalemate between the city and the Tampa Bay Rays over the team’s quest to build a new Major League Baseball stadium.

Bank of America Merrill Lynch invested more than $2.6 billion in community development in 2012, generating nearly 11,000 affordable housing units.

MountainView Servicing Group is exclusively managing the sale of two portfolios of servicing on loans with a total unpaid principal balance of $369 million.

Ellington Financial during the fourth quarter of 2012 recognized net income of $24.8 million, or $1.19 per diluted share.